A new commentary by the Financial Accountability Office (FAO), one of the province’s fiscal watchdogs, says average debt loads grew 5.65% a year between 2010 and 2016.

The average Ontario household was almost $154,000 in the red in 2016, compared to $119,000 in 2010.

The FAO says most of that debt is mortgage — $103,000 – but another $51,000 is other kinds of debt as consumer personal spending outpaced inflation.

“Ontario households owed $1.71 for every dollar of income in 2016,” the FAO commentary released Tuesday says.

That doesn’t even include the more than $22,000 that is each Ontarian’s share of the provincial government’s own staggering debt load of $310 billion, according to the Canadian Taxpayers Federation debt clock.

Albertans and British Columbians have a higher household debt to income ratio — Ontario comes in third among provinces.